New Jersey Awards $2.7 Million to 10 Renewable Energy Companies

The New Jersey Board of Public Utilities (BPU) announced in early
August its award of $2.7 million to 10 renewable energy businesses.
The awards are part of the state's Renewable Energy and Economic
Development Program, which promotes renewable energy business
development in the state. The firms will use the grants to explore
wave energy, develop a variety of solar energy technologies,
investigate means of producing hydrogen from renewable energy sources,
and produce power from that hydrogen using fuel cells. The grants will
also go toward efforts to assist local government officials in buying
green power and to assist energy service companies in providing
renewable energy services. See the New Jersey BPU press release.